Glossary entry (derived from question below)
Italian term or phrase:
tutela dei depositi
English translation:
deposit protection /deposit insurance
Added to glossary by
musicaclab68
Jul 7, 2011 20:37
12 yrs ago
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Italian term
tutela dei depositi
Homework / test
Italian to English
Bus/Financial
Finance (general)
set up of banks
l'argomento tratta di una banca che aderisce al fondo interbancario di tutela dei depositi
Proposed translations
(English)
| 5 +1 | deposit protection /deposit insurance |
James (Jim) Davis
|
Proposed translations
+1
51 mins
James (Jim) Davis
Seychelles
Seychelles
Native in English
Specializes in field
Seychelles
25 years experience constantly improving
Native in: English (Variant: British) 
Works in: Italian to English
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Selected
deposit protection /deposit insurance
This official translation of the fund is the Interbank Deposit Protection Fund. You can check this on their web site:
http://www.fitd.it/en/about_us/the_institution.htm
However what the fund does is to insure deposits, so you could also translate this as "deposit insurance". Wiki provides an explanation:
http://en.wikipedia.org/wiki/Deposit_insurance
http://en.wikipedia.org/wiki/Deposit_insurance
Bssically if your bank becomes insovlent, this fund insures deposit holders for up to €100,000 each.
http://www.fitd.it/en/about_us/the_institution.htm
However what the fund does is to insure deposits, so you could also translate this as "deposit insurance". Wiki provides an explanation:
http://en.wikipedia.org/wiki/Deposit_insurance
http://en.wikipedia.org/wiki/Deposit_insurance
Bssically if your bank becomes insovlent, this fund insures deposit holders for up to €100,000 each.
4 KudoZ points awarded for this answer.
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